Market Intelligence Report — IL-837

Ottawa, IL

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IL-08
As of the latest 2026 data
Stabilizing

Median Listing

$225K
+5.1% YoY

Pending Ratio

0.60
-2.9% YoY

Active Inventory

366
+27.5% YoY

Median DOM

47 Days
-8.7% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's stabilizing Ottawa market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Ottawa, IL.

Free ReportNo Sign-up~60 Seconds

The Ottawa, IL market exhibits stabilizing characteristics, with a pending ratio of 0.60 indicating a balanced demand absorption against current inventory. Active listings have expanded by 27.5% year-over-year, contributing to a more even market dynamic.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Ottawa market right now.

Inventory growth is a notable trend, with active listings increasing by 27.5% and new listings up 25.6% over the past year. Concurrently, the median listing price has risen by 5.1% year-over-year. The pending ratio currently stands at 0.60, representing a modest decline of 2.9% from the prior year, suggesting a slight moderation in demand intensity relative to available supply.

Historical Analysis

Market Trends

Median Price

$225K+2.0% MoM

Active Inventory

366+27.5% YoY

Days on Market

47-8.7% YoY

Sold Score™

64-2.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

64
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.60 and a substantial increase in active listings, the market indicates a more measured pace of transactions. The expanded inventory provides more selection, potentially leading to more deliberate negotiations rather than rapid commitments. Price discipline may become more prevalent as supply levels have risen significantly.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

366 active listings represent the current floor, with new supply arriving at roughly 196 per month.

Pricing Pressure
16.6%

of active listings carry a price reduction, -3.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.3% year-over-year.

Absorption
0.60

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Ottawa, IL? Homes here are taking 5 days less to sell than last year.

Ottawa, IL is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
60%
Median Days on Market
47 days
Inventory YoY
+28%

Ottawa, IL is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

Check my home's Sold Score

Prefer the data first? Get the monthly Ottawa, IL briefing and watch the market before you list.

How the Sold Score works →

Agents: no featured expert covers Ottawa, IL yet — claim this market →

How these recommendations are chosen →

The Monthly Briefing

Stay ahead of the Ottawa market.

One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.

Metro Demographics

Metro Area
Ottawa, IL
CBSA Code
36837
State
IL

ZIPs in Ottawa, IL

Sorted by active inventory · click a ZIP for its full report